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Thread: I just added my banking information to my account...


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Permlink Replies: 5 - Pages: 1 - Last Post: May 1, 2013 1:12 PM Last Post By: Debbie Burgin
Debbie Burgin

Posts: 4
Registered: 11/19/12
I just added my banking information to my account...
Posted: Apr 18, 2013 10:33 AM
 
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...will Amazon pay my prior months royalties, which were below the $100 cheque threshold, to my bank account instead, as the threshold for EFT payments is only $10?

Thanks!
Steven Ashe

Posts: 2
Registered: 03/21/13
Re: I just added my banking information to my account...
Posted: Apr 19, 2013 12:46 AM   in response to: Debbie Burgin in response to: Debbie Burgin
 
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Yes Debbie,

But you will have to wait for the EFT to take effect. If you changed it in January, for example, you will get the payment when that months royalties are due to be paid out two months later.

--Steven
Debbie Burgin

Posts: 4
Registered: 11/19/12
Re: I just added my banking information to my account...
Posted: Apr 29, 2013 11:17 AM   in response to: Steven Ashe in response to: Steven Ashe
 
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Thank you for your reply, but my question has an 'extension'; If I enrolled in EFT in say...April, but have royalties due for months prior to April, will all of those royalties for those months be deposited? Or only royalties for January (60 days prior)?

Thanks again! :)
monkey2009

Posts: 1,095
Registered: 06/03/12
Re: I just added my banking information to my account...
Posted: Apr 30, 2013 6:18 AM   in response to: Debbie Burgin in response to: Debbie Burgin
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I had the same dilemma. I emailed Amazon and asked and they told me they would the EFT owing from the time of change (so 60 days later) but they have issued me with a cheque for the outstanding 2012 payments. I did have to email them and ask.
Cheque arrived about a week later.
Debbie Burgin

Posts: 4
Registered: 11/19/12
Re: I just added my banking information to my account...
Posted: May 1, 2013 8:17 AM   in response to: monkey2009 in response to: monkey2009
 
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Thank you so much for your reply :)

I've emailed Amazon, and will be receiving those payments by cheque.

You've been so helpful!

Thanks again :)

Debbie
Debbie Burgin

Posts: 4
Registered: 11/19/12
Re: I just added my banking information to my account...
Posted: May 1, 2013 1:12 PM   in response to: Debbie Burgin in response to: Debbie Burgin
 
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Thanks so much! You were both immensely helpful :)
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